BUSINESS REGISTRATION
Starting a company in Indonesia
The good vibes of Bali do not make it only a dream destination for Eat, Pray, Love holidays but it is also an island with countless business opportunities and millions of consumers. Many expats start doing business in Bali after moving to the island. For example, set up a lifestyle business in Bali. Two most common legal entity types in Bali are a 100% Indonesian-owned limited liability company (PT) and a partially or wholly foreign-owned company (PT PMA).
Entity setup without physical appearance.
We set up the whole company without the physical presence of the owners, including the opening of a corporate bank account.
Assistance in entity selection
VIVO ASIA provides assistance in choosing the right company type for your business needs – including secondary licenses if required
Corporate secretary & Nominee Treasurer
We provide Corporate Secretary and Nominee Treasurer services – These are positions in a company required to be held by Indonesians.
Post-establishment services
We provide post-establishment services like payroll management and employee handling.
Hybrid Setups via virtual offices
VIVO ASIA also helps companies set up hybrid businesses for industries where remote work is suitable.
MOST POPULAR
Limited liability company (PT PMA)
A limited liability company allows you to earn revenue in Indonesia. Your company will be able to apply for various business licenses to further diversify your business portfolio or investments.
A foreign-owned company is the common company type or structure most foreign businesses and investors start in Indonesia. It allows you to have full ownership of your company, employ foreigners, and provide sponsorship for business visas, among many others. This is a limited liability company where foreign investment is allowed.
MOST POPULAR
Representative office for trading (KP3A).
This type of representative office can conduct trading activities for its parent company. KP3As can act as the parent company’s selling, manufacturing, and buying agent in Indonesia.
However, because representative offices cannot generate income in Indonesia or issue invoices, all transactions should be under the parent company’s name. Opening a KP3A is a good choice for a company with plans to create a network of agents and distributors in Indonesia.
Construction representative office (BUJKA)
This company registration type is employed for performing construction-related activities. A BUJKA is best suitable for larger foreign construction companies since they are only allowed to engage in large-scale construction projects while small-size projects are reserved for local construction companies.
Get a 60-day Indonesian visa for business and tourism (B211a)
Due to the pandemic, entering Indonesia remains restricted. B211a visa is the easiest way to get an Indonesian visa and stay in the country for up to 60 days.
Related topics
Virtual Office in Bali
A virtual office serves as the registered address of a business. It is an easy way to fulfill legal requirements to register a company in Indonesia.
Our virtual office package includes a prestigious business address, mail handling, and phone answering services. In addition, we provide banking support, assisting you with opening a bank account for your company and handling all the necessary paperwork. Our team of legal, accounting and tax experts will provide you with the support you need to ensure that your business is running smoothly and efficiently.
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Get in touch with us to discuss your planned business activities in Indonesia.
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VIVO identifies the best type of business structure for your company, and collects the required documents from you.
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Our consultants prepare the required documentation for your company registration, and submit it to the relevant authorities as per your chosen company type. If required, our team also submit documentation to set up your company bank account.
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Once all submissions are made, the authorities confirm your company registration in Indonesia.
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How long does it take before I can operate my newly established company?With Vivo Asia, it takes almost 4 weeks to establish a company.
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What are the essential requirements to set up a company in Bali?For company registration in Bali, you’re required to have at least two shareholders and a capital statement letter.
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Can I have 100% ownership?For foreign companies in Bali, there must be a minimum of 2 shareholders. In most cases, Indonesian legislation allows 100% foreign ownership but there are some exceptions.
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How many KITAS can a company sponsor?The number of KITAS you can sponsor is not regulated by law. Any shareholder who fulfills the legal requirements is entitled to receive an investor KITAS.
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Is there any limitation on how many shareholders or directors the company can have?No, there is no limitation. A company can have as many shareholders or directors as they want.
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Do I have to prove the capital on the company’s account for company registration in Bali?No, a capital statement letter from Vivo Asia is sufficient to register a foreign-owned company in Bali. The capital can be transferred once the company is registered and a bank account is opened.
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Are tax rates different for foreign-owned companies and local companies?The tax rates for foreign-owned companies are based on the company’s revenue and profitability, just like the tax rates for local companies. Therefore, tax rates are the same for Indonesian and foreign companies.